Question:Refer to the given image:

On March 1, Zekew & Co. purchased $1,000 worth of merchandise, terms 1%10 net 30 days. They use the net method of recording purchases. Payment of the accounts payable was made on March 4. Which of the following journal entries would be appropriate for the March 4 transaction? 

A 1 
B 2 
C 3 
D 4 

+ Answer
D 

+ Explanation
answer not sure

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Md. Habib Ullah

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